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Major US indexes fall after investors react to debt ceiling debate

01 Jun 2023 - Stocks fell Wednesday as investors kept an eye on the federal debt ceiling debate in Washington on the final trading day of May.

ASX suffers worst day in three months dropping by 1.64%

31 May 2023 - Australia's stock market experienced its worst day in three months due to higher-than-expected domestic CPI data and lower-than-expected China PMI data. The S&P/ASX 2…

Inflation figures for April exceeds expectations: ASX 1.09% lower at noon

31 May 2023 - The monthly inflation data for April has exceeded expectations, primarily due to the increased cost of petrol. According to the Australian Bureau of Statistics, the C…

Stocks react as Congress looks to vote on debt ceiling Wednesday

31 May 2023 - The Dow Jones Industrial Average fell on Tuesday as Wall Street considered the likelihood of Congress passing a tentative deal on raising the US debt ceiling.

ASX closes 0.11% lower after holidays in US, UK and Germany

30 May 2023 - At the closing bell, the S&P/ASX 200 was 0.11 per cent lower at 7,209.30. The sectors showed mixed performance, with some experiencing small gains and others incurrin…

ASX down 0.05% at noon: Wesfarmers provides update on operations

30 May 2023 - Local sharemarket has remained relatively stable as gains in the mining and telecommunications sectors were counterbalanced by declines in the banking and real estate…

US political leaders hurry to pass debt ceiling bill before June 5

30 May 2023 - US equity markets and the FTSE 100 were closed overnight. However European stock markets were mixed Monday after US President Joe Biden and House Speaker Kevin McCart…

ASX closed 0.9% higher with nine out of eleven sectors in green

29 May 2023 - At the closing bell, the S&P/ASX 200 was 0.87% or 62.6001 points higher at 7,217.40. This increase was driven by mining and real estate stocks, with investors reactin…

ASX up 1% at noon after the US agrees on a debt ceiling deal

29 May 2023 - All sectors are up except Consumer Discretionary, sparked by the US debt ceiling deal. Overall, at noon, the S&P/ASX 200 is 1.01% higher at 7,227.30.

Biden, McCarthy reach US debt ceiling deal

29 May 2023 - Stocks jumped on Friday as traders grew hopeful that lawmakers will reach a deal to raise the US debt ceiling, avoiding a potentially catastrophic default.

Shares closed 0.23% higher as SYA launches $200m raise

26 May 2023 - Sayona Mining (ASX:SYA) has launched a $200 million raising through its broker Petra Capital, offering shares at 18 cents each, which is the same price it raised at a…

ASX flat at noon: ABS reveals retail data slowed since start of year

26 May 2023 - The most recent data from the Australian Bureau of Statistics reveals that Australia's retail spending, which has been slowing down since the beginning of the year, r…

Semiconductor chips stocks boost Nasdaq: Tesla to partner with Ford

26 May 2023 - The S&P 500 and Nasdaq Composite jumped Thursday as investors cheered the latest quarterly results from Nvidia, fueling a rally in technology stocks. Those moves also…

ASX closes 1% lower to lowest point in eight weeks

25 May 2023 - Australia's stock market experienced its most significant declines in one and two consecutive days over a three-week period, reaching the lowest level in eight weeks.

ASX down 0.91% at noon: Iron ore miners suffer

25 May 2023 - Australian iron ore miners are experiencing a decline in stock prices on Thursday due to rising apprehensions about the demand for steel from China.

Major US indexes plummet amid debt ceiling deadlock

25 May 2023 - The Dow Jones Industrial Average fell for a fourth straight day as US lawmakers struggled to reach a deal on the country’s debt ceiling, heightening worries of a pote…

ASX closes 0.63% lower as gold stocks outperform

24 May 2023 - At the closing bell, the S&P/ASX 200 was 0.63 per cent lower at 7,213.80. This drop was primarily influenced by the materials and healthcare sectors.

UBS and Credit Suisse nearing completion of merger: ASX 0.46% lower at noon

24 May 2023 - Swiss banks UBS and Credit Suisse are nearing the completion of their merger, with regulatory approval expected by 31 May.

Little progress in debt ceiling talks causes US stocks to fall

24 May 2023 - Stocks fell Tuesday as ongoing debt ceiling discussions appeared to yield little progress. Some traders interpreted the lack of any major updates on negotiations as a…

ASX closes 0.05% lower despite major banks showing strength

23 May 2023 - Aus shares remained steady with a small intraday increase, mirroring the rise in US futures. This was partially due to optimism about a debt ceiling agreement followi…

ASX up 0.17% at noon as debt ceiling discussions are becoming "productive"

23 May 2023 - At noon, the S&P/ASX 200 is 0.17 per cent higher at 7,275.40. This evening, Wall Street is poised for an upward movement as discussions aimed at increasing the debt c…

Australia and the US sign critical minerals agreement

23 May 2023 - The S&P 500 finished little changed on Monday as Wall Street awaited a pivotal debt ceiling meeting and government officials scrambled to avert a default.

Financials suffers further: ASX drops by 0.22%

22 May 2023 - At the closing bell, the S&P/ASX 200 was 0.22 per cent lower at 7,263.30, with losses in the real estate and financials sector offsetting gains by tech stocks.

ASX down 0.3% at noon as tax loss selling takes hold

22 May 2023 - At noon, the S&P/ASX 200 is 0.3 per cent lower at 7,257.70. There is a likelihood of testing chart support below 7200 as the market enters a seasonally weak period.

S&P500's best week since March amid doubts of swift debt ceiling deal

22 May 2023 - Stocks fell Friday as GOP negotiators halted ongoing debt ceiling negotiations, stoking doubt of a deal being reached soon. However, the S&P 500 notched its best week…

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